Governance and Efficiency With and Without Government

41 Pages Posted: 13 Aug 2018 Last revised: 2 Dec 2019

See all articles by Francesco Angelini

Francesco Angelini

Università di Bologna - Dipartimento di Statistica

Guido Candela

University of Bologna - Department of Economics

Massimiliano Castellani

University of Bologna - Department of Economics

Date Written: April 27, 2018

Abstract

This paper explores the relationships between forms of governance and efficiency, in societies with and without State, with several specific agent behaviors. Using a theoretical framework where the private agents are, or are not, able to efficiently coordinate their actions, we study how forms of governance affect the level of welfare of each society.

Keywords: Governance Capacity, Public Good, Public Choice, Efficiency

JEL Classification: H11, H23, H41

Suggested Citation

Angelini, Francesco and Candela, Guido and Castellani, Massimiliano, Governance and Efficiency With and Without Government (April 27, 2018). Available at SSRN: https://ssrn.com/abstract=3221133 or http://dx.doi.org/10.2139/ssrn.3221133

Francesco Angelini (Contact Author)

Università di Bologna - Dipartimento di Statistica ( email )

Via Belle Arti, 41
Bologna, Bologna 40126
Italy

Guido Candela

University of Bologna - Department of Economics ( email )

Strada Maggiore 45
Bologna, 40125
Italy
+39 0541 434118-9 (Phone)
+39 0541 434120 (Fax)

Massimiliano Castellani

University of Bologna - Department of Economics ( email )

Strada Maggiore 45
Bologna, 40125
Italy

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